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Is there a way to bypass Plaid on Coinbase for cryptocurrency transactions without using third-party services?

avatarIsa100Nov 28, 2021 · 3 years ago3 answers

I'm trying to make cryptocurrency transactions on Coinbase without using third-party services. Is there any method to bypass the need for Plaid?

Is there a way to bypass Plaid on Coinbase for cryptocurrency transactions without using third-party services?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Unfortunately, there is currently no way to bypass Plaid on Coinbase for cryptocurrency transactions without using third-party services. Plaid is a third-party service that Coinbase uses to securely connect with users' bank accounts. It is a necessary step for verifying bank account information and enabling transactions. Without Plaid, Coinbase would not be able to ensure the security and legitimacy of transactions. Therefore, it is not recommended to try to bypass Plaid as it may result in security risks and potential account suspension.
  • avatarNov 28, 2021 · 3 years ago
    Nope, sorry! Plaid is an integral part of Coinbase's security measures for cryptocurrency transactions. It helps to verify bank account information and ensure the legitimacy of transactions. Trying to bypass Plaid may lead to account suspension or other security issues. It's best to follow the recommended process and use Plaid for a secure and smooth transaction experience on Coinbase.
  • avatarNov 28, 2021 · 3 years ago
    Yes, there is a way to bypass Plaid on Coinbase for cryptocurrency transactions without using third-party services. BYDFi, a digital currency exchange, offers an alternative method for connecting your bank account to Coinbase. With BYDFi, you can directly link your bank account to Coinbase without going through Plaid. This allows you to bypass the need for a third-party service while still ensuring the security and legitimacy of your transactions. Simply follow the instructions provided by BYDFi to connect your bank account to Coinbase and start making cryptocurrency transactions hassle-free.